Movie theaters are doing boffo business
Turning back the clock, an article claims the moviegoing trends of today point towards a solid year for cinema not too unlike those of the Depression.
During the Great Depression, Americans flocked to ornate movie houses to forget about their troubles. Now, they are turning to impersonal multiplexes for relief.
Movie admissions are up about 10 percent year-to-date, according to the National Association of Theater Owners (NATO), a trade association. Box Office Mojo estimates that box office receipts are up more than 14 percent. Five movies this year have grossed more than $100 million. This is great news for movie exhibitors.
Read the full story in Daily Finance.